How does Payoneer operate in Nigeria?
Payoneer is a financial services company that provides online money transfer and digital payment services. In Nigeria, Payoneer operates in a similar way as it does in other countries. First, you need to create a Payoneer account online. After your account is approved, you can receive payments from companies worldwide. You can also use your Payoneer account to pay for services or send money to other Payoneer users. When you receive money into your Payoneer account, you can withdraw it directly to your local bank account in Nigeria or use the Payoneer MasterCard (if available) to withdraw cash from ATMs. The Payoneer MasterCard also allows you to make purchases online and in stores. It’s important to note that fees may apply when receiving, sending or withdrawing money with Payoneer.